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Paramount and Warner Bros. Discovery to become Skydance

Paramount and Warner Bros. Discovery will merge into Skydance in a ~$110B deal closing October 6, combining two of Hollywood's biggest studios including Paramount+, HBO Max, CBS, CNN, MTV, and major franchises like Lord of the Rings, Game of Thrones, and DC. The merger survived antitrust challenges from twelve states after a settlement was approved by a judge.

Background

This represents one of the largest media consolidations in history, following Netflix's earlier abandoned bid for Warner Bros.' streaming and studio assets. CEO David Ellison's Skydance was previously a standalone production company before this massive merger.

Source
TechCrunch
Published
Oct 2, 2026 at 11:53 PM
Score
9.0 / 10